July 6, 2020 - MDT Alert (PRA)

I am going to suggest you sell calls against the PRA position.

PRA is trading at $14.21 as I write this.

My suggestion today is to sell the July $15 calls against the stock you hold.

Here is the trade:

Sell to Open July 17th - $15 call for $0.40.

These calls expire in two weeks.

This will bring to $0.80 per share the premium collected on the position.

And if the calls are assigned next Friday, the return will be 12% for slightly over one month.

This alert applies to you only if you own shares in PRA.

/by

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July 6, 2020 - MDT Pro Tips July 6, 2020 - Quote of the Day

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